TD Cowen reiterated coverage on Credo Technology Group with a new price target
$CRDO
Semiconductors
Technology
TD Cowen reiterated coverage of Credo Technology Group with a rating of Buy and set a new price target of $240.00 from $190.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2026 | $165.00 | Buy | Goldman |
| 1/21/2026 | $170.00 | Neutral | Rosenblatt |
| 12/2/2025 | $190.00 → $240.00 | Buy | TD Cowen |
| 10/17/2025 | $165.00 | Overweight | Analyst |
| 10/1/2025 | $170.00 | Buy | TD Cowen |
| 9/18/2025 | Outperform | William Blair | |
| 9/4/2025 | $140.00 → $160.00 | Buy | TD Cowen |
| 9/4/2025 | $85.00 → $150.00 | Buy | Needham |
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
Goldman initiated coverage of Credo Technology Group with a rating of Buy and set a new price target of $165.00
Rosenblatt initiated coverage of Credo Technology Group with a rating of Neutral and set a new price target of $170.00
TD Cowen reiterated coverage of Credo Technology Group with a rating of Buy and set a new price target of $240.00 from $190.00 previously
10-Q - Credo Technology Group Holding Ltd (0001807794) (Filer)
8-K - Credo Technology Group Holding Ltd (0001807794) (Filer)
8-K - Credo Technology Group Holding Ltd (0001807794) (Filer)
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the third quarter of fiscal year 2026, ended January 31, 2026. Third Quarter of Fiscal Year 2026 Financial Highlights Revenue of $407.0 million, grew by 51.9% quarter over quarter and 201.5% year over year GAAP gross margin of 68.5% and non-GAAP gross margin of 68.6% GAAP operating expenses of $129.2 million and non-GAAP operating expenses of $77.4 million GAAP net income of $157.1 million and non-GAAP net income of $208.8 million GAAP diluted net income per share of $0.8
Integration of High-Performance IP Technologies and Talented Team to Advance Connectivity Solutions for AI Infrastructure Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that it has acquired high-speed connectivity IP innovator CoMira Solutions. The acquisition of CoMira brings specialized link layer, error correction (ECC) and security semiconductor IP to support the development of new and advanced system-level solutions for scale-up and scale-out AI architectures. The CoMira team of designers and engineers have created IP solutions deployed in some o
Collaboration Enables Faster Time to First Token and Higher Cluster Utilization Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced a collaboration with TensorWave, the AMD-exclusive AI cloud provider, to deploy Credo's ZeroFlap (ZF) family of Active Electrical Cables (AECs) and Optics across TensorWave's next-generation AI cluster infrastructure. The collaboration supports TensorWave's mission to deliver faster time to first token, higher cluster utilization, and production-grade reliability at scale. This press release features multimedia. View the full r
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, announced that its PCIe® 6.0 technology-capable Toucan PCIe retimer has earned PCI-SIG® compliance at 32.0 GT/s. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210132002/en/Credo's PCIe® 6.0 technology-capable Toucan PCIe retimer has earned PCI-SIG® compliance at 32.0 GT/s. This validation enables customers to deploy Toucan confidently in PCIe 6.0 technology and previous generation systems, avoiding compatibility and debugging challenges common with legacy-onl
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced it has appointed Brian Kelleher to its Board of Directors as an Independent Director. Kelleher joined the board effective October 27, 2025, and brings decades of experience in advanced chip design and artificial intelligence (AI) systems to Credo. Lip-Bu Tan resigned from the Board, effective October 23, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251030191672/en/Credo has appointed Brian Kelleher, former Senior Vice Preside
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250717837939/en/Credo is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the third quarter of fiscal year 2026, ended January 31, 2026. Third Quarter of Fiscal Year 2026 Financial Highlights Revenue of $407.0 million, grew by 51.9% quarter over quarter and 201.5% year over year GAAP gross margin of 68.5% and non-GAAP gross margin of 68.6% GAAP operating expenses of $129.2 million and non-GAAP operating expenses of $77.4 million GAAP net income of $157.1 million and non-GAAP net income of $208.8 million GAAP diluted net income per share of $0.8
Integration of High-Performance IP Technologies and Talented Team to Advance Connectivity Solutions for AI Infrastructure Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that it has acquired high-speed connectivity IP innovator CoMira Solutions. The acquisition of CoMira brings specialized link layer, error correction (ECC) and security semiconductor IP to support the development of new and advanced system-level solutions for scale-up and scale-out AI architectures. The CoMira team of designers and engineers have created IP solutions deployed in some o
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today provided preliminary revenue results for the third quarter and updated revenue guidance for the fourth quarter of fiscal year 2026. Credo expects to report third quarter fiscal year 2026 revenue in the range of $404 million to $408 million, above the high-end of Credo's previously announced third quarter guidance range of $335 million and $345 million. Looking towards the end of fiscal year 2026 and into fiscal 2027, Credo expects sequential revenue growth in the mid-single digits leading to more than 200% year-ove
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)